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20110701
20110731
Search Results 0 to 3 of about 4 (some duplicates have been removed)
would the president come out today and hold this news conference if he didn't have something big to announce? >> reporter: well, i think it may be a matter of using the bully pulpit of the presidency of the united states, essentially putting publish pressure on lawmakers so come back to the bargaining table with some serious ideas that they're willing to give a bit to find a deal. and so it's the president being able to -- the power of the presidency being able to take his case directly to the american public to say here's what i want to do, here's why we have to do it, and here's why we need these other people to get in line or get on board. and so we will see if it helps to make his case or whether it causes the respective constituencies to say well, that's just wrong, we're not going to do that, and whether it, you know, extends the impasse or whether it leads to an ultimate breakthrough. it's not clear at this point. >> and there is the bully pulpit that mike was referring to. mike emanuel, thank you very much, we'll see you after the president speaks. again, we're waiting fo
: anything big happened while you were gone? jenna: got married, went on a honeymoon. i'm back for good. jon: glad to have you. brand-new developments in the debt showdown as the clock ticks closure to government default. now the tea party is stepping in, pushing its cut, cap and balance plan. jenna: ccp, a measure that raises the limit on america's credit card by another $2.4 trillion, only after big and immediate spending cuts, as well as a constitutional amendment requiring a balanced federal budget. jon: it looks likely to pass in the house but the senate is a very different story. mike emanuel live at the white house for us now. what is the latest from the white house, first of all, mike? >> reporter: jon the white house perspective that this is a huge problem, our nation's debt, so this is the time to do something big and do something bold. it is not clear where the votes will be in terms of trying to do something of that nature. our understanding is from talking to sources, both here at the white house and on capitol hill is there were conversations back and forth between the presiden
, and we quit doing all kinds of big spending programs and so forth. look, they talk about being able to bring the economy back in line, but their idea is to get more taxes so that they can spend it. and i guarantee you, the democrats will spend every dime of it. they're not going to conserve. that's why we have to hold the line on no tax increases, and we've got to get the spending cuts in order to send the message out. if we have spending cuts, i think the market and everybody else will start saying hallelujah, we're going to come out of this and do very well. gregg: senator, one more question, the club for growth, a progrowth, low taxes group, is now targeting you. in fact, they point to your lifetime rating at 74 percent, placing you at the bottom of republicans serving. are you the next republican in trouble with your own party? >> well, i'm surprised that they'd blow their money trying to take me down, because their own people have voted -- their leader voted for, you know, for increasing the debt ceiling and a lot of the things they're accusing me of. but i don't know where the
Search Results 0 to 3 of about 4 (some duplicates have been removed)